InterMedia Advisors LLC
TypePrivate
IndustryPrivate equity
Founded2005 (2005)
FounderLeo Hindery
Headquarters48th floor on the Chrysler Building
New York, New York, United States
Key people
Tom Daschle,
Alan Sokol
ProductsLeveraged buyout, Growth capital
Total assets$1 billion
Websitewww.intermediaadvisors.com
The Chrysler Building, the location of the headquarters

InterMedia Advisors, LLC (a..k.a. InterMedia Partners), is a private equity investment firm focused on leveraged buyout and growth capital investments in the media sector.

The firm, which was founded in 2005 by notable private equity investor Leo Hindery, is based on the 48th floor of the Chrysler Building in Midtown Manhattan, New York City.[1][2]

Until 2014, firm's most notable investments were through its InterMedia Outdoor Holdings media company subsidiary which included Thomas Nelson, Hemisphere Media Group, Universal Sports, Control Room, Aspire, BlackBook Media, @Home Network, Sportsman Channel, Cinelatino, Soul Train Holdings, Vibe Lifestyle Network, Pasiones, Television Dominicana, CentroAmerica TV, Up, WAPA América, and Puerto Rican station WAPA-TV. The firm sold the division to Kroenke Sports & Entertainment which renamed the company Outdoor Sportsman Group.

Tom Daschle

In 2005, Tom Daschle joined the firm as a senior adviser. It was during his time at InterMedia that Daschle reportedly had the use of a limousine and chauffeur that he did not report in his income taxes.[3][4]

References

  1. ↑ "Contact Us." InterMedia Partners. Retrieved on October 18, 2011. "InterMedia Advisors, LLC 405 Lexington Avenue, 48th Floor New York, NY 10174"
  2. ↑ "Toon for sale?" Peterlee Mail. Friday July 4, 2008. Retrieved on October 20, 2011. "Ashley is said to have told private equity investors InterMedia Partners - based in the swanky Chrysler Building -[...]"
  3. ↑ Jake Tapper, "Bumps in the Road: Obama's HHS Secretary Nominee Faces Tax Questions Over Car and Driver Archived 2011-07-18 at the Wayback Machine," ABC News, January 30, 2009. (Accessed January 30, 2009)
  4. ↑ Jonathan Weisman, "Daschle Paid Back Taxes After Vetting," Wall Street Journal, January 31, 2009. (Accessed January 31, 2009)

Sources

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